Thresher Industries, Inc. (THRR.PK) Solution to Help Alleviate U.S. Automotive Crisis
Thresher Industries, Inc., a manufacturer of precision recycled aluminum and advanced metal matrix composite parts, announced this afternoon that it is developing a broad array of high-strength, cast aluminum components designed to help build cleaner, energy efficient vehicles. Thresher's proprietary, biodegradable processes have already been successfully used in products for Chevrolet, Chrysler, and Ford. The company told investors that new and developing applications include, but are not limited to: torque boxes for unit body vehicles; engine cradles; feed brackets, diesel engine components, instrument panel sub-frames, and suspension components. Tom Flessner, President and CEO of Thresher Industries, stated, "Thresher Industries' 100%…